Articles
Which Region will contribute to the Highest Sales of Orthodontic Supplies Market?
by Pramod Kumar Digital Marketing ProfessionalThe surging prevalence of oral diseases, increasing disposable income, and technological developments in orthodontic products are some of the key factors driving the growth of the orthodontic supplies market. In 2016, the market generated a revenue of $3.4 billion, and it is predicted to attain a size of $5.9 billion by 2023, advancing at a CAGR of 8.3% during 2017–2023 (forecast period). Orthodontic supplies refer to instruments that help in improving the appearance and aligning protruding, crooked, and crowded teeth.
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Based on end user, the orthodontic supplies market is bifurcated into adults and children & teenagers. Of these, during the 2013–2016 period, children & teenagers led the market in terms of revenue, and they are predicted to continue leading it during the forecast period. It has been witnessed that orthodontic treatments are more successful and effective in children and teenagers. In addition, correction at an early age also prevents the development of serious problems, thereby resulting in a significant adoption of orthodontic supplies at this stage of life.
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Developments in the technologies of orthodontic supplies are contributing to the progress of the orthodontic supplies market. Invisalign, manufactured by Align Technology Inc., is one of the recently launched advanced orthodontic products, which helps in the movement of the teeth without the use of braces, mini-implants, and mini-screws. Similarly, the benefits of advanced biomaterials, such as easy fabrication and highly biocompatible inertia, are leading to a favorable change in the market.
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About Pramod Kumar 
Digital Marketing Professional
89 connections, 2 recommendations, 268 honor points.Joined APSense since, July 17th, 2017, From Ave, United States.
Created on Oct 6th 2020 02:18. Viewed 154 times.
